Introduction to Economics 1 Deneme Sınavı Sorusu #1090244

when did the Turkish Central Bank drop 6 zeros from the currency ?


1990

2001

2005

2008

2009


Yanıt Açıklaması:

Prices of the other goods and services rose by similar amounts. This path that prices in the Turkish economy followed from the late-1970s to the early-2000s marks the high inflation episode of Turkey’s economic history. Defined as an increase in the general price level (or overall level of prices) in the economy, inflation forced the Turkish Central Bank to drop 6 zeros from the currency in 2005.

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